The Indian stock market displayed a mixed performance today, with the Nifty 50 closing at 23,649.95, marking a slight increase of 0.03% from its opening level. The Sensex also showed positive momentum, closing at 75,315.04, up by 0.10% from the open. The IT sector emerged as the standout performer, with the Nifty IT index surging by 2.43% to close at 28,389.80.
Index movements
The Nifty 50 opened at 23,482.20 and experienced fluctuations throughout the trading session, reaching a high of 23,695.65 and a low of 23,317.10. The index’s trajectory showed a gradual recovery from its early session lows, ultimately closing with a modest gain. The Sensex followed a similar pattern, opening at 74,807.97 and achieving a high of 75,466.60 before settling at 75,315.04. Meanwhile, the Bank Nifty index closed at 53,537.00, down by 0.32% from its opening level of 53,282.15, after hitting a high of 53,667.55 and a low of 52,783.45.
Sectoral performance
The Nifty IT index led the sectoral gains, closing at 28,389.80, up 2.43% from its opening. In contrast, the Nifty Media index was the biggest decliner, falling by 2.24% to 1,404.00. Other sectors such as Nifty PSU Bank and Nifty Auto also faced declines, closing down by 1.92% and 1.71% respectively. The Nifty Pharma index, however, managed a positive close at 24,762.85, up 0.52% from its opening.
Market breadth
The broader market indices reflected a mixed trend. The Nifty 100 and Nifty 500 indices recorded slight declines, closing at 24,534.25 and 22,461.05, respectively. The Nifty Midcap 100 index showed resilience, closing at 60,473.80, a marginal decrease of 0.15% from its opening. The Nifty Midcap 50 index ended the day at 17,261.35, down 0.07% from its open.
| Index | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Nifty 50 | 23,482.20 | 23,695.65 | 23,317.10 | 23,649.95 | +0.03% |
| Sensex | 74,807.97 | 75,466.60 | 74,180.26 | 75,315.04 | +0.10% |
| India VIX | 18.79 | 20.06 | 17.72 | 19.63 | +4.47% |
| Nifty IT | 27,689.60 | 28,466.10 | 27,663.80 | 28,389.80 | +2.43% |
| Nifty Media | 1,421.60 | 1,424.60 | 1,392.05 | 1,404.00 | -2.24% |
| Nifty PSU Bank | 7,949.90 | 7,957.40 | 7,809.15 | 7,873.00 | -1.92% |
| Nifty Auto | 25,909.30 | 25,921.10 | 25,486.40 | 25,624.30 | -1.71% |
| Nifty Metal | 13,157.65 | 13,212.30 | 12,985.00 | 13,169.95 | -0.98% |
| Nifty Energy | 39,607.65 | 39,607.65 | 39,144.05 | 39,519.50 | -0.75% |
| Nifty Realty | 746.40 | 754.05 | 734.90 | 751.95 | -0.58% |
| Nifty Pharma | 24,617.00 | 24,788.95 | 24,436.25 | 24,762.85 | +0.52% |
| Bank Nifty | 53,282.15 | 53,667.55 | 52,783.45 | 53,537.00 | -0.32% |
| Nifty 500 | 22,382.00 | 22,494.10 | 22,150.50 | 22,461.05 | -0.31% |
| Nifty FMCG | 50,973.80 | 50,987.05 | 50,344.10 | 50,900.10 | -0.30% |
| Nifty Midcap 100 | 60,183.90 | 60,545.15 | 59,457.65 | 60,473.80 | -0.15% |
| Nifty 100 | 24,406.15 | 24,578.70 | 24,193.45 | 24,534.25 | -0.15% |
| Nifty Midcap 50 | 17,163.90 | 17,284.40 | 16,981.55 | 17,261.35 | -0.07% |
Market outlook
As the market closes, investors will be watching for any developments that could influence the indices further. The IT sector’s strong performance today could signal continued interest in technology stocks, while the declines in sectors like Media and PSU Banks may warrant closer attention. Overall, the market’s mixed performance suggests a cautious sentiment among investors, with a focus on sector-specific opportunities.
Data as on May 18, 2026, 03:35 PM IST.
Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.